Preview Of Wabash National Corporation (NYSE:WNC) 2Q20 Earnings

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Wabash National Corporation (NYSE:WNC) is reporting second quarter financial results on Wednesday 29th July 2020, before market open.

According to analysts surveyed by Thomson Reuters, WNC is expected to report 2Q20 loss of $ 0.23 per share from revenue of $ 303.25 million.

For the full year, analysts anticipate top line of $ 1414.59 million, while looking forward to loss of $ 0.42 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 2,050.00 million ~ $ 2,150.00 million, where as bottomline are predicted in a range of $ 1.10 ~ $ 1.30 per share

Click Here For More Historical Outlooks Of Wabash National Corporation

Previous Quarter Performance

Wabash National Corporation disclosed loss for the first quarter of $ 0.04 per share, from the revenue of $ 387.07 million. The quarterly revenues fell 26.01 percent compared with the same quarter last year. Wall street analysts are predicting, WNC to report 1Q20 loss of $ 0.03 per share from revenue of $ 418.46 million. The bottom line results missed street analysts by $ 0.01 or 33.33 percent, at the same time, top line results fell short of analysts by $ 31.39 million or 7.5 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Wabash National Corporation

Stock Performance

According to the previous trading day, closing price of WNC was $ 11.60, representing a 85.30 % increase from the 52 week low of $ 6.26 and a 30.46 % decrease over the 52 week high of $ 16.68.

The company has a market capital of $ 613.06 million and is part of the Industrials sector and Truck Manufacturing industry.

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Recent Stock Dividend Announcement

On June 17, 2020, the board of directors authorized quarterly dividend of $ 0.08 per share to holders of record as of the close of business on July 2, 2020, with payment date of July 23, 2020 and ex-dividend date on July 1, 2020.

Conference Call

Wabash National Corporation will be hosting a conference call at 10:00 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.wabashnational.com

Wabash National Corporation designs, manufactures, and distributes transportation and diversified industrial products; and provides services primarily in the United States. The company operates through three segments: Commercial Trailer Products, Diversified Products, and Final Mile Products. The Commercial Trailer Products segment provides dry van trailers; platform trailers; refrigerated trailers; converter dollies, big tire haulers, steel coil haulers, and RoadRailer trailers; aftermarket parts and services; and used trailers.